JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Base Wealth Management LLC

Base Wealth Management LLC lessened its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 93.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,861 shares of the company’s stock after selling 158,132 shares during the period. Base Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $686,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JQUA. BXM Wealth LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $2,162,000. Signaturefd LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1.2% during the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after buying an additional 66,385 shares during the last quarter. Princeton Global Asset Management LLC increased its position in JPMorgan U.S. Quality Factor ETF by 1.0% during the fourth quarter. Princeton Global Asset Management LLC now owns 38,864 shares of the company’s stock worth $2,455,000 after buying an additional 398 shares in the last quarter. Savvy Advisors Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 64.4% during the fourth quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock worth $85,834,000 after buying an additional 532,063 shares in the last quarter. Finally, Valicenti Advisory Services Inc. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 4.6% in the fourth quarter. Valicenti Advisory Services Inc. now owns 227,203 shares of the company’s stock worth $14,355,000 after acquiring an additional 10,052 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $61.80 on Monday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The stock’s fifty day simple moving average is $63.18 and its 200-day simple moving average is $63.09. The company has a market capitalization of $6.90 billion, a P/E ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. Quality Factor ETF Profile

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.